If you had one crypto transaction trying out a job opportunity you didn’t proceed with, do you need to report it? It’s literally only $105 USD.

I already owe $1500 and reporting it means upgrading the TurboTax from free to &130.

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Expert Alumni

Apr 14, 2025 9:31:10 AM

If you are a U.S. citizen or resident alien, you are subject to tax on worldwide income from all sources and must report all taxable income and pay taxes according to the Internal Revenue Code.

IRS FAQ US Citizens and Resident Aliens Abroad

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If you had one crypto transaction trying out a job opportunity you didn’t proceed with, do you need to report it? It’s literally only $105 USD.